Wholesale Credit Risk Associate

Location: Paris, France

Job Family: Credit Risk

About the Role

At JP Morgan Chase, we are a leading global financial services firm with a proud history of innovation and client focus. As a Wholesale Credit Risk Associate in our Paris office, you will join a dynamic team within the Corporate & Investment Bank (CIB) division, playing a pivotal role in identifying and mitigating credit risks for our wholesale clients, including multinational corporations and financial institutions. This position is integral to our risk management framework, where you will leverage analytical expertise to anticipate new and emerging risks in a complex, evolving financial landscape. Based in the heart of Europe's financial hub, you will contribute to safeguarding our portfolio against market volatilities, regulatory changes, and geopolitical uncertainties, ensuring the firm's resilience and compliance with stringent European standards. Your day-to-day responsibilities will involve conducting in-depth credit analyses, building sophisticated risk models, and collaborating with cross-functional teams to support lending decisions. You will review financial data, assess industry exposures, and integrate forward-looking factors such as ESG considerations into your evaluations. Working closely with relationship managers and senior executives, you will provide actionable insights through reports and presentations that influence strategic risk appetite. This role demands a proactive approach to monitoring portfolio health, performing stress tests, and recommending mitigation strategies, all while adhering to JP Morgan Chase's rigorous internal controls and global best practices in wholesale banking. We value professionals who thrive in a collaborative, high-stakes environment and are passionate about the intersection of finance and risk. Joining JP Morgan Chase offers unparalleled opportunities for growth, exposure to cutting-edge technologies, and the chance to impact one of the world's most influential financial institutions. If you are ready to advance your career in credit risk while contributing to our mission of powering the progress of global economies, we encourage you to apply.

Key Responsibilities

• Conduct comprehensive credit risk assessments for wholesale clients, including large corporates and financial institutions
• Analyze financial statements, industry trends, and macroeconomic factors to identify potential risks
• Develop and maintain credit risk models to anticipate emerging risks in the portfolio
• Collaborate with relationship managers and senior stakeholders to recommend credit limits and structures
• Monitor portfolio performance and ensure compliance with internal policies and regulatory requirements
• Prepare detailed risk reports and presentations for senior management and regulatory bodies
• Participate in stress testing and scenario analysis to evaluate portfolio resilience
• Support the integration of ESG factors into credit risk evaluations
• Contribute to the development of risk mitigation strategies and early warning indicators
• Stay abreast of global market developments and their impact on wholesale credit exposures

Required Qualifications

• Bachelor's degree in Finance, Economics, Business Administration, or a related field
• Minimum of 2-3 years of experience in credit risk management, preferably in wholesale banking or financial services
• Strong understanding of credit analysis, financial modeling, and risk assessment methodologies
• Proficiency in regulatory frameworks such as Basel III, CRD IV, and European banking regulations
• Fluency in English and French, with excellent written and verbal communication skills
• Ability to work in a fast-paced, international environment with cross-functional teams
• Relevant certifications such as CFA, FRM, or equivalent in risk management

Preferred Qualifications

• Advanced degree (Master's or MBA) in Finance or Risk Management
• Experience in wholesale lending or corporate banking within a major financial institution
• Knowledge of JP Morgan Chase's internal risk management systems and tools
• Prior exposure to emerging risks in European markets, including ESG and geopolitical factors
• Proficiency in data analytics tools like SQL or Python for risk modeling

Required Skills

• Credit analysis and financial modeling
• Risk assessment and quantification
• Regulatory compliance knowledge
• Data analysis and interpretation
• Financial statement review
• Stakeholder communication
• Problem-solving and critical thinking
• Attention to detail
• Team collaboration
• Time management in high-pressure environments
• Proficiency in Microsoft Excel and financial software
• Understanding of wholesale banking products
• ESG integration in risk frameworks
• Report writing and presentation skills
• Adaptability to changing market conditions

Benefits

• Competitive base salary and performance-based annual bonus
• Comprehensive health, dental, and vision insurance coverage
• Retirement savings plan with generous company matching contributions
• Paid time off including vacation, sick leave, and parental leave
• Professional development programs and tuition reimbursement for relevant certifications
• Employee stock purchase plan and other financial wellness benefits
• Access to on-site fitness centers and wellness programs
• Global mobility opportunities within JP Morgan Chase's international network

JP Morgan Chase is an equal opportunity employer.